SPANNING POWER GLOBALLY. Since 1953

Transcription

1 SPANNING POWER GLOBALLY Since

2 EMC S PROFILE & STRATEGY INDUSTRY OUTLOOK FINANCIALS & ORDER BOOK AWARDS & APPRECIATIONS FUTURE ROADMAP 2

3 Our Vision Setting the standard of excellence in modern power systems globally. Our Mission Provide end-to-end integrated power system solutions globally through Best-in-Class Technology, Quality and Safety. Continuous improvement of processes to ensure customer satisfaction. Create an environment for our people to pursue excellence through continuous learning. 3

4 Strong Foundation A Leading Player Strong Execution Capabilities High Margin Business EMC Ltd. formerly known as Electrical Manufacturing Company Ltd. Established in 1953 More than 6 decades of experiencein the T&D sector. Qualified for all segmentsin the T&D sector. Offering complete turnkey solutions in power transmission systems and associated sub-systems. In the elite group of companies qualified to execute 765kVtransmission line projects and up to 765kV sub-stationsand industrial power systems. Qualified to execute EHV Transmission Lines up to 400kV in leading European and African Countries In-house manufacturing facilities: conductors and hardware along with towers & tower test bed. Built over 16,000 kmsof transmission lines of up to 765kV. Delivered large, complex projects across all voltage platforms and in challenging climatic and topographic conditions that include deserts, snowfields, seas, mountainous regions and thick forests as well as in exigent socio-political conditions including war-torn regions. Huge market opportunity in the premium 400kV 765kV segment. High entry barriers and minimal competition, therefore revenue and margins are high. EMC among very few players (6-7)operating in this segment. Talented Human Resource Highly experienced professionals from the EPC industry. It has a strong team of more than 150 talented engineers. Organisational strength of over 1500 employees in total. Being an established player in the Power Systems industry with turnkey solutions, excellent project execution and skilled manpower, EMC has great advantage over the new entrants and other established players in the sector. 4

5 EMC acquires companies REGYA in Spain & REGAENER in Chile & Peru

6 EMC S PROFILE & STRATEGY INDUSTRY OUTLOOK FINANCIALS & ORDER BOOK AWARDS & APPRECIATIONS FUTURE ROADMAP 6

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8 Transmission Line Projects Turnkey solutions in transmission line projects up to 765kV and ready for 1,200kV projects Activities Supply Contracts: Transmission line towers including Bolts & Nuts and Tower Accessories, Line Hardware, Insulators and Earth-wire. Construction Activities: Survey, detailed soil investigation, civil construction of foundations, erection of towers, stringing of conductors and testing & commissioning of line. Key Projects Undertaken Supplied over 450,000 mt of Towers including 40,000 mt overseas. Built over 16,000 kms lines for many utilities in India and abroad including Power Grid, NTPC, DVC, various State Utilities etc. Presently executing 17 orders of 400kV & 765kV of over 150,000 mt of Towers and 2550 kms of lines. 765kV: Currently executing 6 contracts of over 1000 kms for PGCIL. 400kV: Completed over 4,000 kms and currently executing 11 lines of over 1,200 kms. Up to 220kV: Completed over 5,700 kms, of which approx 1,200 kmsare outside India. Currently executing one 400kV transmission line project of 100kms in Georgia. Features First ISO-9001 certified company in India in transmission line projects. Also has been accredited with ISO & OHSAS certification by KVQA. Qualified to execute 765kV transmission line projects. One of the leading Indian EPC player qualified for overhead Extra High Voltage transmission line up to 765kV 8

9 EHV Substations Distribution System Industrial Power Distribution System 9

10 EHV Substations / Distribution System / Industrial Power Distribution System Operating Segments EHV Substations Distribution System Industrial Power Distribution System (IPDC) Activities under each Segment EHV Substation projects up to 400 and 765kV. Supply contracts for major equipments & Auxiliary Systems of substations. Construction activities including erection, testing & commissioning as EPC contractor. 33 / 11kV HT/LT Substation & Distribution line up to consumer metering. Supply of equipments. Construction including erection, testing & commissioning as EPC contractor. Load Distribution Centre (LDC). Underground tunneling & electrical cabling & cable bridge. PLCC & SCADA installation, Ventilation & A/C Systems Plant illumination, Electrification, Street Lighting. Projects Undertaken Supply of equipment & materials and construction of 2X 765kV GIS Substation with for PGCIL as EPC contractor. The work includes Civil construction / Control Room Building / Fire Fighting system etc. Rural electrification work in Bihar, (33 / 11kV) under RGGVY Scheme. Electrification work in Maharashtra & J&K (33 / 11kV) under RAPDRP. The work also includes consumer metering in over 1500 villages. Civil & electrical contract for IPDC project of SAIL -IISCO s steel plant at Burnpur in a JV with Areva (Areva scope limited to supply of their own equipments),13 sub-stations, 10 LDCs and over 5 kms of underground concrete tunnels for cable laying and 2 kms of cable ridges, 27,000 cu.mtrs RCC work. SCADA & Automation. 10

11 Towers Hardware & Conductors Signalling & Safety Products Auto & Defence Components 11

12 Manufacturing Activities Operating Segments Towers/ Structures Hardware Conductors Activities under each segment Manufacturing facilities located at Kolkata, Naini & Raipur in India and Tulsa, Oklahoma in USA have best in class plant and technology that includes CNC machines and galvanizing plant Manufacturing of hardware fittings, and accessories suitable for overhead power transmission lines. Manufacturing of bare conductors and conductor accessories suitable for overhead power transmission lines. Projects Undertaken Manufactured & supplied over 350,000 mt. Currently over 150,000 mt of orders in hand. Hardware Fittings & Accessories 1st company in India to supply hardware fittings to NTPC. Conductors manufactured& supplied over 30,000 kms including 7,000 kms of 61 strands ACSR Moose. 12

13 Manufacturing Activities Operating Segments Signaling & Safety Products Alloy Forging & Machine Products Activities under each segment Signaling Systems. Security& Surveillance Systems. Selective Telephone Systems. Intrusion Detection and Access Control. Anti Collision Device Systems. Manufacturing quality nonferrous alloys, extrusions & forging and special aluminum alloy / copper components. Factory at Agarpara near Kolkata. Projects Undertaken Remodellingof Chittagong station yard & Modification of Tongi Station and Block Interface between Tongi station in Bangladesh. New BG line from SurajpurRoad, Pasla, Sonpur& Ramanujnagar station in SECR, Bilaspur and Salpura Station in WCR KOTA Division Electronic Interlocking system at Bhakarapet Station in SCR Guntakal Under Execution Track side work & installation, testing & commissioning of Train Protection Warning System (TPWS) for Southern Railways, Chennai. Currently executing orders for Bajaj Auto, MACO Pvt. Ltd., LML Ltd. Ordnance Factories / Gun & Shell Factory, Rifle Factory, Small Arms Factory. Registration from prestigious ISRO, Bangalore for supply of Aluminum Alloy extrusion and forged items. 13

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16 Solar Power Activities Committed to green power having commissioned a 5 MW Solar power plant at Naini, Allahabad. Successfully commissioned on March 04, 2012 under GOI s Jawaharlal Nehru National Solar Mission (JNNSM). Features Has been selected against very tough competition among 400 participants and has already signed a Power Purchase Agreement (PPA) with NTPC VidyutVyaparNigam Ltd. ensuring sale of power for the next 25 years. The plant is environment friendly and will provide sustainable & renewable energy. The first solar plant of its kind in the state of Uttar Pradesh, India. EMC also to gain the benefits of Carbon Credit from this plant. 16

17 Railway Electrification Signaling, Telecommunication, Safety & Security Systems SCADA Civil & Infrastructure works 17

18 Nearly 44,000 kms of existing lines need to be electrified. The potential value of these projects is approx $3.1bn. 24,000 kms of rail electrification projects expected in the next 5 years. 6,000 kms of projects expected as part of the Dedicated Freight Corridor. Nearly 1,076 kms of Electrification, Signalling & telecom work valued at almost $680mn for various Metro Rail projects across India. MetroRailprojectsareexpectedacross29citiesinIndiaoverthenextfewyears. Electrification, Signalling& Telecom, Track Laying including major and minor bridges enroute valuedatalmost$660mninthenext3yearsunderrvnl. In the next 5 years the business potential for Railway Electrification, Signalling & Telecom and other works is nearly $2bn(excluding DFCC projects). Railway Projects Expected in India soon: Project Type Client Value ($ mn) Ratlam Kota, 348 RKM CORE 19 Ahmedabad -Rajkot, Samakhiyali Mehsana, 525 RKM CORE 47 Tiruchirapalli Nagapatnam, 153 RKM CORE 10 Gorakhpur - Kaptanganj Valmikinagar, 96 RKM CORE 6 18

19 Project Type Client Value ($ mn) Mansi-saharsa-Dauram Madhepura-Purnea-Katihar, 172 RKM CORE 17 Samakhiyali-Gandhidam-KandlaPort-MundraPort, 63 RKM CORE 6 Manmad- Mudkhed Dhone, 868 RKM CORE 58 Hissar- Bhatinda Suratgarh, 300 RKM CORE 20 Jhansi - Manikpur, Khairar Bhimsen, 409 RKM CORE 27 Suratgarh Phalodi, 336 RKM CORE 22 Phalodi Jodhpur, 148 RKM CORE 10 Jodhpur Bhildi, 300 RKM CORE 20 Ankai Parbhani, 275 RKM CORE 18 Parbhani Mulkhed, 81 RKM CORE 5 Mudked Medchel, 241 RKM CORE 16 Umdanagar Dhone, 269 RKM CORE 18 Utretia-Rae Bareli -Amethi Janghai, 254 RKM RVNL 22 Hospet -Hubli -Vasco da Gama, 238 RKM RVNL 21 19

20 Few Metro Projects Coming Up in India: Client Route Kms Value ($ mn) MMRCL Line 2(Mumbai) MMRCL Line 4(Mumbai) JMRCL Phase II (Jaipur) BMRCL Phase II (Bangalore) CMRCL Phase II (Chennai) Ahmedabad MEGA Phase II

21 Railway Electrification / Signaling Operating Segments Railway Electrification, Signaling, Telecommunication, Safety & Security Systems and Civil Works Activities under each Segment Projects Won / Bid Partnerships Over Head Electrification (OHE), Traction Substation (TSS) & associated SCADA systems and General electrical work. Signaling, Telecommunication, Safety & Security System: design,engineering,installation,testing, commissioning,maintenance and development of technologies. Automatic Fare Collection Systems. Construct bridges, buildings (at stations & yards), platforms, etc. Under execution of Turnkey Basis 25 kv, 50 Hz, Single Phase OHE including TSS, SCADA & Electric General Works for prestigious client, CORE, Allahabad in 1) Vizianagaram-SingapurRoadfor138.84RKM/369TKMs2)Kumedpur OldMalda& Old Malda Singhabad for 79 RKM/168 TKMs 3) Garwa Road(excl.) Chopan Singrauli Shakti nagar for 257RKM(397TKM) and 4) Rewari-Phulera for 214 RKM (264TKM). Through its Subsidiary, EMC has successfully executed Signaling&Telecommunication turnkey jobs in India and overseas and currently executing Train Protection Warning System(TPWS) for Southern Railways, Chennai. Company would soon formalise partnerships through binding agreements with leading global companies on future cooperation for Railway infra projects. 21

22 Quatro Rail Tech Solutions Ltd, Bangalore (India) Quatro Rail Tech Solutions Ltd (QRTS) provides Signalling, Telecommunication, Safety, Security and Train Diagnostic solutions for the Railways and Transportation domain in general. EMC is the majority shareholder (60%) of (QRTS) Company provides Design,engineering,supply,installation,testing, commissioning,maintenance, trading, innovation and development of technologies in the areas of Signalling, Telecommunication, Safety and security systems in the domain of Railways and Metro systems; Automatic Fare Collection Systems(AFCS), OHE and other Railway and Metro related systems; The Company provides consultancy in Signalling& Telecommunication. Have successfully executed& commissioned turnkey S&T projects as below: 4 indoor stations of signalling solutions to Indoor systems of four stations of Adani s Sarguja Rail Corridor, and I station each of Salpura station& Bhakarapet stations Turnkey S&T projects at Chittagong and Tongi stations in Bangladesh Train Protection Warning System(TPWS) for S Rly for Thales OHEjobRewari-Phulerasection264TKMofCOREinassociationwithEMC. 22

23 Railway Infrastructure Projects Current Status of EMC in Railway Business. SN Tender details State/ Region Client Status 1 Design, Supply, Erection, Testing & Commissioning of 25 kv, 50 Hz, Single Phase OHE including TSS, SCADA & Electric General Works on turnkey basis between Vizianagaram- Singapur Road for 369 TKMs Andhra Pradesh CORE Allahabad Under execution. 2 Design, Supply, Erection, Testing & Commissioning of 25 kv, 50 Hz, Single Phase OHE including TSS, SCADA & Electric General Works on turnkey basis between Kumedpur Old Malda & Old Malda Singhabad for168tkms West Bengal CORE Allahabad Under execution. 3 Design, Supply, Erection, Testing & Commissioning of 25 kv, 50 Hz, Single Phase OHE including TSS, SCADA & Electric General Works on turnkey basis between Garwa Road-Chopan-Singrauli and Shaktinagar, Dhanbad Division, for 469 TKMs Jharkhand CORE Allahabad Under execution. 4 Design, Supply, Erection, Testing & Commissioning of 25 kv, 50 Hz, Single Phase OHE including TSS, SCADA & Electric General Works on turnkey basis between Rewari-Phulera for 214 RKM(264TKM) Haryana& Rajasthan CORE Allahabad Under execution. 23

24 Rajasthan Jammu & Kashmir Uttar Pradesh Gujarat Jharkhand Bihar Sikkim West Bengal Tripura Madhya Pradesh Maharashtra Karnataka Orissa Mizoram Chhattisgarh Manipur Kerala Tamil Nadu Nagaland Arunachal Pradesh Andhra Pradesh 24

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26 International Business- NORTH AMERICA ASC, Inc., Tulsa, Oklahoma, USA Since 1970, ASC Inc. (Formerly, Advanced Steel & Crane Inc.) has provided Substation steel structures and components to major Electrical Utilities as well as many Rural Electric Cooperatives across the United States and Canada. Today this company serves electric utilities by supplying transmission and sub-station structures and components. They also cater to general fabrication and metal processing needs. Facilities: 6 Buildings of total square footage of 28,117 sq. ft. on approximately 4 acres of property including 2 fabrication areas. Several Galvanizing facilities exist nearby. Product line: o Utility Substation Steel Structures-Structural Distribution/Transmission Steel & Lattice Products, square, round, folded plate or aluminum, with shop assembly if needed. o Anchor Bolts and Cage Customers: More than 70 customers, mainly utilities across North America. 26

27 International Business - EUROPE TECNOLINES S.r.l., Italy Established in 1928, TecnolinesS.r.l( Company ) specialisesin executing EHV Transmission Line projects on a turnkey basis. EMCis the majority shareholder (90%) of Tecnolines. The balance is held by RDF Group (Italy). Tecnolines specializes in providing EPC services for Transmission lines ranging from kV. Tecnolineshas certified manpower, and sufficient equipment with centralized workshop at Pordenone (near Venice), Italy. Tecnolinesis pre-qualifiedin all Utilitiesacross Europe (including Scandinavian Countries) and Africa. Tecnolinesin association with its partners is currently executing one 400kV transmission line project in Finland and two DC transmission projects (300kV and 400kV) in Sweden. 27

28 International Business - EUROPE REYGA, Spain Founded in 1992, Revilla y García, S.L. specializes in the development of a wide variety of electrical projects: Transmission lines Distribution lines Substations, transformation centres, isolation and control Wind farms Solar facilities Industrial electrical facilities: logistical centres, ports and combined cycles, among others Maintenance- preventive and corrective, 24/7 service It has strong international presence, with various complex and significant projects completed in Portugal, France, Italy, Poland. 28

29 International Business SOUTH AMERICA REGAENER, Peru & Chile Regaener specializes in the development of a wide variety of electrical projects: Transmission lines Distribution lines Substations, transformation centres, switching and control Wind farms Solar facilities Industrial electrical facilities The company consists of personnel extensive experience in the sector and it is already Regaener It s has strong international presence, with various projects completed in Chile, Argentina, Brazil, Peru and Panama. 29

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31 Tulsa, USA Vrigstad, Sweden Pori, Delhi, India Finland Kolkata, India Hong Kong Lima, Peru Santiago, Chile Hyderabad, India Singapore Chennai, India Tanzania Venice, Italy Kenya Mumbai, India Dubai, UAE Riyadh, Saudi Arabia 31

32 EMC LIMITED Subsidiary Companies Offices Manufacturing Units Tecnolines S.r.l., Italy ASC, Inc., USA EMC West Asia DMCC, Dubai REGAENER, Peru & Chile REYGA, Spain EMC East Asia Ltd, Hong Kong Tecnolines Pte Ltd, Singapore Quatro Rail Tech Solutions Ltd. EMC Solar Ltd. EMC Academy Ltd. EMC Logistics Ltd. India Kolkata, HQ Delhi Mumbai Hyderabad Chennai Overseas Venice, Italy Tulsa, USA Dubai Pori, Finland Vrigstad, Sweden Nairobi, Kenya Dares Salaam, Tanzania Beliaghata Kolkata, West Bengal Agarpara Works Kolkata, West Bengal Naini Works Allahabad, Uttar Pradesh Solar Power Plant, Naini, Uttar Pradesh Pradesh Raipur Works, Chhattisgarh EMC Overseas Ltd. Hong Kong Singapore Lima, Peru Santiago, Chile 32

33 ISO 9001 ISO OHSAS

34 Power Grid Corporation of India Ltd. Transmission Corporation of Andhra Pradesh West Bengal State Electricity Transmission Company Ltd. Maharashtra State Electricity Transmission Co. Ltd. Jammu & Kashmir Power Development Department Central Organisation for Railway Electrification Maharashtra State Electricity Distribution Co. Ltd. West Bengal State Electricity Distribution Company Ltd. Tanzania Electric Supply Co. Ltd. Ameren Corporation, USA Fingrid Oyj, Finland Svenska Kraftnat, Sweden Terna S.p.A, Italy Power Grid Company of Bangladesh Ltd., Bangladesh JSC Georgian State Electrosystem, Georgia 34

35 EMC Advantage EMC offers total turnkey solutions, complete with design, engineering, electrical, mechanical & civil works and associated auxiliary systems for: Transmission o Transmission lines up to 765/800 kv o Sub-stations up to 765 kv including GIS o o Distribution HT/LT distribution in the industrial sector LT distribution in rural areas and rural electrification up to consumer metering o o Balance of the plant (BOP) Both EHV sub-station and plant electrification for integrated steel & power plants Illumination packages for area and production units Railway Infrastructure ooverhead Electrification o Signaling & Telecom o Traction Substations o Track Laying o General Electrification Solar Projects Smart Cities Our Sectors Product Lines Power Transmission Sectors Industrial Sectors Defense Automobiles Railways o Transmission Line Towers o Conductors o Insulator Hardware Fittings and Accessories o Performed Line Products o Non-ferrous Extrusion, Forgings and Die Casting 35

36 Over 6 decades of professional experience Leading turnkey power solutions provider One of few companies in India capable of undertaking and successfully executing extra high voltage projects One of the few companies globally capable of helicopter based Tower Erection& Stringing One of the few companies capable of Installation of High Voltage Cables Offers comprehensive turnkey solutions with design engineering, erection, testing and commissioning, including all auxiliary systems such as lighting& illumination and fire protection systems One of few Indian EPC players qualified and executing Gas Insulated Sub-stations (GIS) projects on turnkey basis In-house facilities to design and manufacture: o o o o Towers Conductors suitable for power transmission and distribution Insulator hardware fittings and accessories Non-ferrous extrusion, forgings and die castings Design and Testing of Towers for Destruction Tests and having in-house Test Bed Constructed over 16,000 kilometers of transmission lines of up to 765 kv Consistently exhibited strong time-bound execution capabilities both domestically and abroad One of few Indian EPC players qualified in 765 kv transmission lines & now poised to enter 1200 kv segment EMC through its subsidiary is qualified to execute EHV Transmission Lines of upto 400kV in leading European and African Countries Foray in to Railways business in the following areas: Projects of Indian Railways (all zones and divisions) on turnkey basis, Metro Rail Projects including Mono Rail& Dedicated Freight Corridor. 36

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38 Genesis The EMC Academy is an endeavour to establish a unique institution dealing for professional development of Engineers, Supervisors & workforce it meet growing need of Trained Manpower in power sector. Established in June 2011 is dedicated towards bridging skilled manpower shortage in the Transmission and distribution(t&d) sector. Well equipped with all modern audio visual aids and has a capacity to train 1,600 students per annum. Features Imparts training in different discipline like Environment Management, Civil Design and Quality Control, Planning of Power Systems, Quality Management, Safety Management, Behavioural Management extending to the students, industries and Government agencies. Has already conducted various training programs for its employees. We believe this initiative will meet the ever-growing business needs of our company and create the industry leaders of tomorrow. 38

39 With proven execution skills, support from government organisationand being one of the few players in the 765kV segment, EMC is expected to benefit from government s transmission capacity expansion plans. 1200kV T&D Projects Poised to enter 1200kV segment 400kV / 765kV T&D segment Major focus by government on development. Premium Segment. High Margin Business. Required Established Track Record. Only 6-7 Leading Players. Kalpataru, KEC/RPG, Jyoti, etc. One of the few players capable of executing both AIS & GIS based Substations Large number of local engineering companies. 200kV / 230kV Transmission Line Projects Relatively new companies. 39

40 EMC S PROFILE & STRATEGY INDUSTRY OUTLOOK FINANCIALS & ORDER BOOK AWARDS & APPRECIATIONS FUTURE ROADMAP 40

41 Need Power for Sustained EonomicGrowth Driving the Demand for T&D for Evacuation Opportunity for EMC Generation Capacity Addition (GW) Trend in Per Capita Consumption (KWh) in India X Plan XI Plan XII Plan (P) - projected Source: CEA. *Working Group Report on Power for XIIth Plan Source: IBEF Report & CEA Per Capita Consumption (KWh) across the world Current per capita consumption of electricity in India is at 1010KWh (FY ) vis-à-vis world average of approximately 3026 KWh Annual GDP growth rate of 8% necessitates a 9-10% growth rate in the power sector India Japan China US OECD World Average Source: Key World Energy Statistics (IEA) 41

42 Need Power for Sustained EonomicGrowth Driving the Demand for T&D for Evacuation Opportunity for EMC Status of Transmission Lines in Circuit Kilometers (ckms) Transmission Lines At the end of 10 th plan 11 th Plan additions (FY08-12) 12 th Plan addition Estimates (FY13-17) 765kV 2,184 3,546 27,000 HVDC +/-500kV 5,872 3,560 9,440* 400kV 75,722 37,645 38, /220kV 114,629 25,535 35,000 Total Trans. Line 198,407 70, ,440 *Includes HVDC +/- 800kV Source: CEA, Working Group Report on Power for XIIth Plan Drivers of T&D sector Government s mission Power For All Requires large scale addition of regional and inter - regional transmission lines for evacuation. The present investment in Generation and T&D Sector is 1:0.5 as against the desired ratio of 1:1. GOI s RGGVY scheme has targeted electrification of 100,000 villages providing electricity to more than 23.4 mnbpl families. T&D losses on the higher side. (~35% avg) GOI s RAPDRP scheme has targeted to reduce these T&D losses from ~35% to 15% Anticipated requirement of transmission lines in EHV segment (above 400kV) will be 75,000 ckmsin the 12 th Plan. Large investments expected in the T&D sector development in order to match the power generation capacity. The sector has registered growth of 5.5% in

43 Need Power for Sustained EonomicGrowth Driving the Demand for T&D for Evacuation Opportunity for EMC India s Expected Spending ($ bn) T&D Sector Transmission Utilities Business Scenario Particulars 10 th Plan 11 th Plan 12 th Plan Power Grid Corporation India Ltd Private Utilities Other Central Utilities & State Utilities Total Spend for Transmission Line RGVVY APDRP Total Domestic Spending $=Rs. 60 Source: Crisil & Company Research Power Grid (CTU) Business Scenario Network presently carries over 45% of the total power generated in India; this is expected to increase to 60% by Total 50 GW inter-regional power transfer capacity of 220kV & above targeted by the end of 12 th Plan from existing 28 GW. Adopted transmission system with higher voltages to cut losses. State Transmission Utilities (STU) Business Scenario Revamping and upgrade of existing transmission systems. The majority of new projects are 400kV voltage ratings. Unbundling of SEBs have occurred in 15 states. Setting up high capacity intra-state power transmission systems to address rapid industrialisation and growing power needs. Expected spending of $50 bnin the T&D Sector under the 12th Plan. In the 12th plan PGCIL to spend $20 bnfor enhancing the capacity of the interregional transmission grid and building a High Capacity Transmission Corridor (HCTC). Huge plans for the inter-regional and intra-state power transfer capacity. 43

44 Need Power for Sustained EonomicGrowth Driving the Demand for T&D for Evacuation Opportunity for EMC An annual GDP growth rate of about 7-8% Requires a 9-10% growth rate in the Indian power sector Large scale addition of power generation capacity Would necessitate large scale addition of power transmission capacity Large scale addition of transmission capacity, at high voltage up to 1200kV, to minimize T&D Loss Private companies entering into power generation Demand for upgrade of existing transmission lines Being a turnkey solution provider and one of the top 6-7 players qualified for high voltage projectsprovides EMC an immense growth opportunity Will require specialisedplayers like EMC for setting up transmission lines up to 1200kV for evacuation A new market for EMC 44

45 T&D Investments Globally Over E (US$ bn) Opportunities in the International Market Transmission Distribution North America Europe Pacific E.Europe Asia Middle East Africa Latin America Source: IEA World Energy Outlook Report, 2011 International market growth drivers: Interconnection projects and transmission projects for new generation capacities. Replacement demand in the next 5-7 years. International Energy Association (IEA) - World electricity demand to grow to 34,352 TWh from 17,217 TWh at 2.7% CAGR over IEA - approximately 42% of investments would be made in power T&D projects over Key international markets will be: South Asia, the Middle East, Africa and North America, which are at different thresholds of power capacity addition. To support this massive electricity demand, global generation capacity is expected to reach 9,000 GW by 2035 from 5134 GW in 2010, which would require US$ 7.1 tninvestments in the T&D sector over

46 Focus Regions Expected Market ($ bn)* Europe 182 North America 160 South America 200 Asia & Middle East 300 Africa 150 Total (Approx) 1,000 *Expected till

47 In Europe, approx 140bn ($182bn) is required for the development of High Voltage Transmission Systems, Storage & Smart Grid applications by Despite the negativity in Euro Zone s investment climate, many countries have plans to lay new lines or upgrade its existing infrastructure. As countries switch from coal and nuclear power to cleaner and renewable energy, new plants would demand new lines to evacuate power to consumers. 47

48 EMC s Strategic Focus in Europe: Project Type Country kv Rating Value ($ bn) New Power Network (2025) Sweden Various km Transmission Line Norway New Transmission Lines Italy kV 9.1 Strengthen Transmission System Spain Various 1.8 Development & Renewal of Network France 400kV 1.7 Lines& Substations (New & Upgrades) Poland kV 0.6 per year New Lines (4,000 kms approx) Germany 400kV -- 48

49 NERC 2017 report indicates 10% growth in new transmission linesinusand7.5%growthincanada. VariousnetworksintheUSandCanadaareupforrenewal. Upgrades include increasing voltage of transmission lines to new tower packages. Also the continent is seeing increasing use of renewable energy power plants in its bid to switch to cleaner sources of fuel. Shift to renewable energy and the increasing importance of Shale Gas as an energy substitute will demand an increase in new lines from new power plants. $160bn of investments are expected in the North American T&D space. 49

50 New and Renewal Interstate Transmission Projects in United States with an estimated value of $26.5bn (16,000 kms) are expected by EMC s Strategic Focus in United States: Project Type Voltage Rating Value ($ bn) Northeast Energy Link Various (HVDC) 2.0 RITE Line 765kV 1.6 Susquehanna Roseland Project 500kV 1.3 Grand Rivers Project 345kV

51 Project Type kv Rating Value ($ bn) Upgrade of Transmission N/W (2017) Various 9.0 Upgrade of Transmission N/W (2018) Various 0.7 Utility Infrastructure Improvement Various 0.6 Network Strengthening inmontana, Virginia and Connecticut Various 0.5 Northern Pass Transmission Project 345kV 1.1 Great Northern Transmission Line kV

52 South America s electricity consumption is expected to grow 2.9% p.a. to 2,500TWh by 2035, double from current level. Brazil s Electricity Market is the largest in South America. As the majority of power generation in the country is hydrobased, there is need for new power plants of various fuels to ensure uninterrupted power supply. This requirement necessitates new power transmission lines. Peru is expected to spend $470mn as part of its Binding Plan for new and existing repowering power lines. Countries like Argentina, Chile, Colombia and Ecuador too have planned various new lines and upgradation of its existing lines. 52

53 EMC s Strategic Focus in South America : Project Type Country kv Rating Value ($ bn) 7,000 km of Lines & Substations Brazil 500kV km Lines/ 8 Substations Ecuador 500kV 0.9 New and Existing Line Upgrades Peru 220kV 0.5 Peru-EcuadorInterconnection Upgrade Peru 500kV -- High Voltage Grid Expansion Chile Double-Circuit Line Projects Colombia 500kV -- 53

54 Africa s electricity consumption is expected to grow 5.7% p.a. to 3,188TWh by Eastern African Power Pool (EAPP) was established by the countries in East Africa to promote power supply in the region, develop the electricity market, reduce costs, and increase investments in the region. Countries participating in EAPP include the Nile Equatorial Lake Countries (Democratic Republic of Congo (DRC), Burundi, Kenya, Uganda, Rwanda), Egypt, Ethiopia, Sudan, Tanzania, & Djibouti. A number of interconnection projects have been planned as part of the EAPP constituting 10,500 km of lines with voltage range of kV (including 500kV and 600kV HVDC Bipoles). The financing for the Eastern Electricity Highway Project connecting the grids of Kenya and Sudan (part of EAPP) has commenced. The total project cost is $1.3bn. 54

55 Notable Projects of EAPP kv Rating Length (km) Capacity (MW) Ethiopia Kenya 500 HVDC 1,120 2,000 Egypt Sudan 600 HVDC 1,665 2,000 Ethiopia Sudan ,200 Uganda Kenya On a similar note, the West African Power Pool (WAPP) & South African Power Pool (SAPP) have been envisioned to connect energy sources to countries in these respective regions. Countries part of this project include Democratic Republic of the Congo, Angola, Namibia, Botswana, South Africa, Malawi, Mozambique, Zambia, and Zimbabwe will also be brought under this project soon. WAPP entails 3,000 kms of lines of 400kV HVAC lines and is estimated tocost $6.5bn.SAPPisexpectedtocost $5.6bn. 55

56 EMC S PROFILE & STRATEGY INDUSTRY OUTLOOK FINANCIALS & ORDER BOOK AWARDS & APPRECIATIONS FUTURE ROADMAP 56

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59 Some of the Recent Notable Orders: Transmission Lines: 765 kv D/C Dharamjaygarh Jabalpur Transmission Line, 308 Kms from PGCIL. 765kVD/CBikaner-MogaTransmissionLine,total283KmsfromPGCIL. 220/132kVD/C-S/CTransmissionLines(Pkg-I)of290kmsand(Pkg-II)of429kmsfrom UPPTCL. 765 kv D/C Banaskantha - Chittorgarh TL (Part-I) & 400 kv D/C Banaskantha - Sankhari TLof97kmsfromPGCIL. 765kVD/CBhadla Bikaner(Part-II)88KmsfromPGCIL. Sub-Stations: 765kVGISSubstationinVemagiri(JVwithNHVSLtd.)fromPGCIL. (Cont ) 59

60 Railways: Tiruchchirappalli Nagapattinam Karaikalport:RKM 153andTKM 240. Ratlam Nimach Chanderiya Kota:RKM 348andTKM 484. Gorakhpur Kaptanganj Valmikinagar RKM 66. Overseas: 230 kv D/C Transmission Line on turnkey basis in Bangladesh from Power Grid Company of Bangladesh. 400kVTransmissionLineprojectof100kmsinGeorgia. 400 kv Transmission Line Project from Arusha Namanga (Kenya Tanzania Interconnection Project) of 114 kms. 400/220/33kV,2X250MVA&2X125MVASubstationatArusha&extensionofexisting 220/33 kv substation at Singida. 60

61 EMC S PROFILE & STRATEGY INDUSTRY OUTLOOK FINANCIALS & ORDER BOOK AWARDS & APPRECIATIONS FUTURE ROADMAP 61

62 Trophy received from Shri I S Jha, Chairman & Managing Director of Power Grid Corporation of India Limited during the Interactive Session on 12/05/2017 at Gurugram, New Delhi for Transmission Line Performance - Volume of Work-II during the F.Y Trophy received from Shri I S Jha, Chairman & Managing Director of Power Grid Corporation of India Limited during the Interactive Session on 12/05/2017 at Gurugram, New Delhi for Substation Performance - (765kV) during the F.Y

63 Trophy received from Shri I S Jha, Chairman & Managing Director of Power Grid Corporation of India Limited during the Interactive Session on 12/05/2017 at Gurugram, New Delhi for Support for Critical Targets (Transmission Line) during the F.Y

64 Trophy being awarded by CMD of POWERGRID on 29/04/2016 for the Maximum Volume of work during F.Y Trophy being awarded by Director (Operations & Project) of POWERGRID on 29/04/2016 for the Maximum Capitalization during F.Y

65 Trophy being awarded by CMD of POWERGRID on 24/04/2015 for the Special Performance during Trophy being awarded by CMD of POWERGRID on 11/04/2014 for the Extraordinary Achievement in completion of Transmission Lines during the year

66 Provisional Acceptance Certificate from CORE for Gr.166 under RE Project. Appreciation Letter to EMC JV from Chief Project Manager Railway electrification, Danapur for Railway Electrification work in difficult Terrain. Appreciation Letter to EMC JV from GM CORE for exceeding target set for Railway Electrification work. 66

67 Crystal Star Award 2017 to ASC, Inc., USA 67

68 Governor s Manufacturing Leadership Award 2015 to ASC, Inc., USA 68

69 Appreciation Letters from Svenska Kraftnat, Sweden. 69

70 Appreciation Letters from Fingrid, Finland. 70

71 EMC S PROFILE & STRATEGY INDUSTRY OUTLOOK FINANCIALS & ORDER BOOK AWARDS & APPRECIATIONS FUTURE ROADMAP 71

72 Focus on EHV space (i.e 400kV andabove)int&d sector,with huge potential and few competitors. Expand focus on the other verticals i.e. EHV Substations(AIS& GIS) RGGVY Distribution projects Industrial Power Distribution Systems. Diversify Business segment : Railway Electrification Solar EPC Diversify Clients: Reduce Share of PGCIL Focus on SEBs with funded projects Diversify Geographically: Africa, Europe, Middle East and US are Target Markets. Increase manufacturing strength by setting up a Greenfield factories EMC Academy Ltd. set up to overcome challenge of trained manpower in the industry Bidding for projects with focus on profitability, efficient manufacturing and trained workforce to help improve marginsinthelongrun. Looking at acquisitions or Strategic Tie-ups in Target Markets Main criteria for choosing a partner is to get access to technology, customer base or project qualifications Company is also looking at partners for expanding Railways business in India. 72

73 Differentiator focus One of the fastest growing company in the Power T&D EPC business Promising future for the T&D industry Focusing on high margin EHV transmission segment Increasing presence in new sectors Substation, Railways, etc. Diversifying into new geographies and clients Efficient Working Capital Management (Negative Working Capital) Robust Order Book Pursuing organic and inorganic growth to expand the company 73

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